Analyst Ratings for Finisar Corp. (FNSR)

Updated: 2017-07-27

Shares of Finisar Corp. (NASDAQ:FNSR) have received a consensus rating of Buy from Wall Street analysts. About 30 days ago, FNSR was issued an average rating of Buy.

A buy rating was issued by 13 analysts, 0 gave an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

FNSR was given price targets by several analysts. The highest price target was 44, implying a possible profit of 56.14 percent. The most pessimistic analyst gave a price target of 32, implying potential capital losses of 13.56 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.61 percent. The average change in earnings estimates over the last 90 days is -30.3 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.58 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.21 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

FNSR has an estimated earnings growth rate of -22.44 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. FNSR has a PEG ratio of -0.58.

In the trailing 52-weeks, FNSR hit 36.85 at the highest peak, while it's lowest trading point was 18.00. Today's price is 56.56 percent above the 52-week low, and 23.53 percent lower than its 52-week high. FNSR has a price/earnings ratio of 12.93. Investors typically compare the P/E ratio to a company's peers in the industry. The FNSR value stock report compares FNSR to some of its peers using value stock charts. The stock has a market capitalization of $3.14 billion. FNSR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.